$AAVE at $93, are you going to buy the dip?

A whale just lost $510k and sold off, TVL plummeted by 16 billion, stablecoin lending rates soared to 15%, funds flooded to competitors—yet Aave DAO just passed a “most important proposal in history,” aiming to put 100% of revenue into token holders’ pockets.

First, look at the surface: blood flowing in rivers, everyone running away

In the past 24 hours, AAVE price dropped 2.1%, from $93.89 to $92.88. Five consecutive hours of net outflows, funds like an open faucet, unstoppable. A whale, who painstakingly built a position over five months, ended up losing $510k and sheepishly walked away.

First thing: the rsETH incident, exposing Aave’s vulnerabilities.

In mid-April, KelpDAO’s rsETH bridge was hacked, losing nearly $300 million. As a result, Aave was also drained of $6.2 billion in liquidity, USDC lending rates spiked to 15%. TVL crashed by $16 billion from its peak, users couldn’t borrow or repay, panic spread like a plague.

Second thing: the AWW proposal, turning Aave’s trump card into reality.

On April 13, Aave DAO approved the “Aave Will Win” proposal with 52.58% support. The core message: all income from products under the Aave brand, 100% goes to the DAO and AAVE holders.

Third thing: V4 is live, real money is flowing.

V4 “Frontier” mainnet has been approved, with the first loans exceeding $10 million. Cross-chain GHO stablecoin, RWA vault integration, LST asset efficiency improvements—all accelerating. Aave also obtained SOC 2 compliance certification—an entry ticket for institutional investors.

On one side: TVL outflows, whale sell-offs, soaring lending rates, funds moving to SparkLend.

On the other side: AWW proposal, V4 launch, institutional compliance, revenue 100% to DAO.

Key levels: $86–88 is the last line of defense, $100 is the first city wall.

If you’re a short-term trader: wait for a dip near $91 to lightly buy, target $98–$100, stop-loss at $89. Break below $89, exit—don’t hold.

If you’re a long-term investor: build positions around $93, add more at $86–$88. The proposal has shifted Aave’s value logic from “governance air” to “dividend asset,” and this transition hasn’t been fully digested by the market.

Aave has survived bear markets, hacks, liquidity crises—each time sentenced to death, each time coming back alive.

Whale sell-offs are the end of panic, but also the start of wisdom. #比特币反弹 #美伊二轮谈判进展 $AAVE